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    5302-5326 Highland Rd Waterford, MI 48327

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    For Sale
    $2,100,000

    12,000 SF retail shopping center with high visibility.

    Property size:
    12,000 SF

    Property Features for 5302-5326 Highland Rd

    General Information

    Size
    12,000 SF

    Building Details

    Year built
    1987

    Source: Harrison Yaldoo Agent Harrison Yaldoo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Shopping Center For Sale

    This 12,000 square foot retail shopping center is available for sale. The property is located on M-59, situated between Airport Road and Crescent Lake Road. The center consists of 9 units and is zoned C-3. The property is currently 100% occupied. It benefits from high visibility, with a traffic volume of 37,000 vehicles per day on M-59.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Waterford Plaza Shopping Center, Excalibur Square, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.392736
    Latitude
    42.661356

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    FAQs

    What type of property is this?
    Shopping center - 12,000 SF retail shopping center with high visibility.
    Where is this shopping center located?
    The property is located at 5302-5326 Highland Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 100% Occupied: Enjoy an immediate income stream.; - High Visibility: Located on M-59 with 37,000 vehicles per day.; - Prime Location: Situated on M-59 between Airport Rd and Crescent Lake Rd.
    (313) 953-0430
    Request Owner's contact information
    5302-5326 Highland Rd Waterford, MI 48327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5302-5326 Highland Rd Waterford, MI 48327
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